Rainbow trout has the shortest fishing season, which causes a rapid decrease in its population. To prevent the extinction of the trout, the government initially imposed a quota on the total amount of fish caught. The quota was imposed on the fishing of rainbow trout to prevent _____

The short-run supply curve for a perfectly competitive firm is its marginal cost curve above the minimum point on the

A) average fixed cost curve. B) average variable cost curve. C) average total cost curve. D) demand curve.

Which of the following is correct?

a. The Fed can control the money supply precisely. b. The amount of money in the economy does not depend on the behavior of depositors. c. The amount of money in the economy depends in part on the behavior of banks. d. None of the above is correct.